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What is the Singapore Franchise Mark?
The Singapore Franchise Mark is a certification scheme administered jointly
by SPRING Singapore (Standards, Productivity and Innovation Board), Franchising
and Licensing Association (FLA) Singapore and International Enterprise
Singapore (IE Singapore)". The Mark is a symbol of quality that is awarded to
franchisors and master franchisees that have achieved the required standards in
their business practices, management capabilities and business
performance.
What are the Advantages for Franchisors?
As a franchisor, the Singapore Franchise Mark could help you in the following
manner:
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Be associated with a prestigious symbol of quality and standards · Receive
public recognition as a franchisor with good business practices and strong
management capabilities
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Increase the confidence of potential franchisees in joining your franchise
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Help minimise potential disputes between franchisors and franchisees In a
nutshell, the Singapore Franchise Mark is a symbol of quality to potential
franchisees that the franchisor has achieved commendable standards. This would
in turn help the franchisor to recruit more franchisees and expand its
franchise network.
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What are the Advantages for Franchisees?
As a potential franchisee, the Singapore Franchise Mark could help you in the
following manner:· Provide a mechanism to help potential franchisees evaluate a
franchise prior to joining
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Increase confidence of franchisees prior to joining a franchise · Encourage
franchisors to embrace fair business practices and good standards of
conduct
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Encourage a greater degree of transparency between franchisors and franchisees
In short, the Singapore Franchise Mark can help potential franchisees in
evaluating a franchise. With the Mark, they can be confident that the franchise
of their choice engages in good business practices and can provide them with
strong comprehensive support.
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Who can apply?
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Franchisors or master franchisees with at least one franchisee (either local or
overseas); or
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Franchisors or master franchisees which have the intention of recruiting at
least one franchisee within the next twelve months.
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Where to Apply?
Application forms are available from:
The Singapore Franchise Mark
c/o Franchising and Licensing Association (Singapore)
230 Victoria Street #07-00/03 Bugis Junction Office Towers
Singapore 188024
Tel: 6333-0292 6333-0962
Award Recipients
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Informatics Computer School
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Telepoint
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Calfarme Biocleaning and Hygiene
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7-Eleven Singapore
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Crestar Kinderland
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Melandas Casa Mobili
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V-Kool
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Prima Deli
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Popular
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Nanyang Optical
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Computer Assisted Learning (CAL)
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ExecuTrain Computer Training Services
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SUBWAY
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Sountex Professional Hearing Center
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Thames Business School
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Sakae Sushi
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Hitman
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Little Skool House
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Ichiban Furnishing
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Modern Montessori
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